Search
Tuesday 24 May 2016
  • :
  • :

3 Best Stocks Under Review: Cisco Systems, (NASDAQ:CSCO), Symantec (NASDAQ:SYMC), Coca-Cola Enterprises (NYSE:CCE)

3 Best Stocks Under Review: Cisco Systems, (NASDAQ:CSCO), Symantec (NASDAQ:SYMC), Coca-Cola Enterprises (NYSE:CCE)

On Monday, Cisco Systems, Inc. (NASDAQ:CSCO)’s shares declined -0.26% to $27.31.

Cisco (NASDAQ: CSCO) declared it has accomplished the acquisition of Lancope, Inc., a privately held company based in Alpharetta, GA, that provides network behavior analytics, network visibility, and security intelligence to protect enterprises against advanced threats.

The acquisition of Lancope enhances Cisco’s Security Everywhere strategy, enabling the network to become a security sensor, delivering continuous visibility, and accelerating incident response across the extended enterprise.

The Lancope team joins the Cisco Security Business Group organization led by David Goeckeler, senior vice president and general manager. Under the terms of the agreement Cisco paid $452.5 million in cash and assumed equity awards, plus additional retention based incentives for Lancope employees who join Cisco.

Cisco Systems, Inc. designs, manufactures, and sells Internet Protocol (IP) based networking products and services related to the communications and information technology industry worldwide.

Symantec Corporation (NASDAQ:SYMC)’s shares gained 1.29% to $21.13. With its recent share price change, SYMC market value has reached roughly $14.09 billion. Its most recent quarter balance sheet showed the company is standing at a 1.30 current ratio and possess 0.30 as debt to equity ratio. The company has a Profit Margin (ttm) of 10.90% and has 82.40% gross margins. The operating profit margin is 10.90%. The stock’s performance in 1 month is 6.39% and its volatility for the same period is 1.30%.

Symantec Corporation, together with its auxiliaries, provides security, backup, and availability solutions worldwide. Its products and services protect people and information in various environments from the mobile device and enterprise data center and to cloud-based systems.

Coca-Cola Enterprises Inc (NYSE:CCE)‘s shares dipped -0.70% to $49.70. The last trading range of Coca-Cola Enterprises Inc (NYSE:CCE) ranges between $49.41 and $50.15. The EPS of the company stands at $2.33. The 52-week range shows that the stock reached higher at $53.79 while its lower range is $41.03 in the last 52-weeks. The average volume of the company is at 2.33 million with the Outstanding Shares of 226.95 million. The market capitalization of the company is $11.35 billion. The Beta of the company stands at 0.99 with the RSI (Relative Strength Index) of 47.80.

Coca-Cola Enterprises, Inc. produces, distributes, and markets non-alcoholic beverages in Belgium, continental France, Great Britain, Luxembourg, Monaco, the Netherlands, Norway, and Sweden. The company offers nonalcoholic ready-to-drink beverages with carbonation, counting energy drinks, waters, and flavored waters; and nonalcoholic beverages without carbonation, such as waters and flavored waters, juice and juice drinks, teas, coffees, and sports drinks.

DISCLAIMER:

This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.

All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.

Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties, which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified with such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should/might occur.



Tony Barrell has a masters in Electrical Engineering from USC, is an independent iOS developer, and blogs about technology trends and companies, the focus of his investments.


Leave a Reply

Your email address will not be published. Required fields are marked *